Great, there’s a buy now, pay later service for NFTs

For those who desperately yearn to own a certificate of authenticity for a URL pointing to an ugly ape illustration or another popular non-fungible token, there’s a buy now, pay later (BNPL) service they can use to finance their purchases. The offering from Teller works with some of the more notable NFT collections, such as Bored Ape Yacht Club, Mutant Ape Yacht Club and Adidas Originals: Into the Metaverse. It runs on the Polygon blockchain and has a fittingly terrible name: Ape Now, Pay Later.

“Buying NFTs is one of the core things Web3 consumers want to do right now,” Teller founder and CEO Ryan Berkun told Decrypt. “Buy now, pay later is a no-brainer.” No wisecrack is necessary at this juncture.

Like other BNPL services, Tether requires a down payment. When someone sees a compatible NFT they want on the OpenSea marketplace, they can use Teller’s service to signal their intention to buy it. That person will need to fork over between 25 and 50 percent of the NFT’s price at the outset. Teller’s platform will then try to match them with a lender, who is another user.

If the lender accepts the proposal, they’ll transfer the remaining cryptocurrency needed to buy the NFT from OpenSea. The NFT will then be held in an escrow wallet. If the buyer pays off what they borrowed on time, they’ll receive the NFT. Otherwise, the lender can claim the NFT and sell it if they wish. Lenders can also set interest rates for the repayments.

Considering the volatility of the cryptocurrency market and the state of the global economy, buying an NFT through a BNPL service seems like a bad idea. Sure, cryptocurrency prices have cratered in recent months (which played a role in victims of the Axie Infinity hack losing significant sums), but there’s a chance they could jump back up again. Suddenly, those BNPL payments could get a lot more expensive. Buyers only have 90 days to make the repayments too.

The NFT market has bottomed out too. Bloomberg notes that the base price for a Bored Ape Yacht Club NFT was around 90 Ethereum (around $110,000 at the time of writing). That’s down around 40 percent since May.

NFL commissioner says the league’s own streaming service will launch ahead of the 2022 season

NFL commissioner Roger Goodell has confirmed the league will launch its own streaming service ahead of the 2022 season. “The consumers want it, so we’re very excited about what NFL+ is going to be,” Goodell told CNBC. “It’s really in an early stage. I think over the years it will continue to grow. It will be an important strategy for us going forward.”

Goodell declined to reveal details about pricing, what exactly NFL+ will offer and precisely when it will arrive. However, he said that information will be announced in a few weeks. A report previously suggested that NFL+ will debut this month. With pre-season games getting underway in early August, that timing makes sense.

According to a May report from Sports Business Journal, NFL+ may cost $5 per month. It’s expected to grant fans access to some live games on phones and tablets — the ones that they’d be able to see on local TV in their market. Previously, carriers and Yahoo (Engadget’s parent company) streamed such games, but those deals have expired.

Meanwhile, Goodell said the league is likely to partner with a streaming service for NFL Sunday Ticket, with an announcement expected by the fall. “I clearly believe we’ll be moving to a streaming service,” Goodell said.

Amazon, Apple and ESPN+ owner Disney are among those who have reportedly submitted bids. Goodell said discussions have been going on for over a year. 

Goodell acknowledged that the current partnership with DirecTV, which will end after the 2022 season, had worked well for the NFL. However, he pointed to the new opportunities that the likes of Apple and Amazon can open up — especially since fans likely won’t be prompted to sign up for a satellite TV package too.

“We really believe that these new platforms give us an ability to innovate beyond where we are today and make the experience for our consumers so much better,” Goodell said. “I think this will make it more accessible for fans.”

NASA reveals details about James Webb Space Telescope’s first full-color images

It’s only a few days until NASA and its partners on the James Webb Space Telescope project reveal the first full-color images and spectroscopic data captured by the observatory. The agency has shed a little more light on what to expect by revealing the JWST’s initial list of cosmic targets.

One of them is the Carina Nebula, which is around 7,600 light years away. NASA says it’s one of the biggest and brightest nebulae in the sky and it includes stars that are several times larger than the Sun. Another nebula the telescope captured images from is the Southern Ring. That’s roughly 2,000 light years from Earth and is a planetary nebula — it’s an expanding cloud of gas that surrounds a dying star.

Closer to home is the gas planet WASP-96 b, which is almost 1,150 light years away and has around half the mass of Jupiter. NASA will provide a look at the planet’s light spectrum data. Much further from here is Stephan’s Quintet, which is around 290 million light years away in the Pegasus constellation. This is the first compact galaxy group that was discovered, all the way back in 1877. It comprises five galaxies, four of which “are locked in a cosmic dance of repeated close encounters,” NASA said.

Also on Tuesday, NASA, the European Space Agency and Canadian Space Agency will reveal imagery for SMACS 0723. “Massive foreground galaxy clusters magnify and distort the light of objects behind them, permitting a deep field view into both the extremely distant and intrinsically faint galaxy populations,” NASA explained.

A committee of experts from NASA, ESA, CSA and the Space Telescope Science Institute spent five years determining the first targets for Webb’s instruments. The full-color images and spectroscopic data that JSWT captured will be revealed on July 12th at 10:30AM ET. You’ll be able to view them on NASA’s website.

This marks an important step for JWST as it marks the official beginning of the observatory’s general science operations. The aim is to provide us with more detailed images and information about the earliest stars and galaxies as well as potentially habitable exoplanets. After launch in December, it took several months for the JWST to reach its destination and prepare for full operation. We’re very close to finding out just what the observatory is capable of.

Bowers & Wilkins Px7 S2 review: A lot of upgrades at no extra cost

Bowers & Wilkins might be a name many associate with high-endhome audio gear, but the company has been steadily chugging along with headphonestoo. Its latest model, the Px7 S2 ($399), is a completely overhauled version of the PX that debuted in 201…

New York law requires gun permit applicants to submit social media accounts for review

As of September 1st, New York residents who want to carry concealed handguns will need to submit their social media accounts as part of their permit application. They’ll need to provide details of active and inactive accounts from the previous three years, along with at least four references.

The accounts will be used to review the applicant’s “character and conduct,” according to the Associated Press. Those seeking a permit need to show that they have “the essential character, temperament and judgment necessary to be entrusted with a weapon and to use it only in a manner that does not endanger oneself and others.” Local sheriffs’ staff, judges and country clerks will be tasked with looking at social media accounts for warning signs.

The measure was included in legislation that Governor Kathy Hochul signed into law last week. The legislation was passed to enact some gun restrictions following a Supreme Court ruling determining that most people have the right to carry a handgun for their own protection.

Hochul acknowledged that shooters often share details or hints of plans to harm others online. The person accused of killing 19 children and two teachers in Uvalde, Texas in May reportedly harassed and threatened to hurt girls and young women on social media apps. Suspects of other mass shootings have posted manifestos online before attacks took place.

Critics have taken issue with the social media provision of the legislation. It’s unclear how the state will address concerns over privacy and free speech, and how it will assess the intent of applicants’ social media posts.

Peter Kehoe, the executive director of the New York Sheriffs’ Association, argued that the law infringes rights under the Second Amendment and suggested local officials may not actually review an applicant’s social media accounts. “I don’t think we would do that,” Kehoe told the AP. “I think it would be a constitutional invasion of privacy.” Others have expressed concern about the law in relation to surveillance of people of color.

The Apple TV 4K drops to $150, plus the best early Prime Day deals you can get

With Amazon Prime Day only a few days away, the early deals are in full swing. Prime members can pick up things like Echo Dots, Kindles, Fire TV devices and more for less right now, while anyone can pick up the latest Apple TV 4K for one of the best pr…

Google’s Nest Audio smart speaker is down to $60 right now

Even Google devices are getting discounted ahead of Amazon Prime Day. Wellbots currently has a few Nest gadgets at some of the best prices we’ve seen. The Nest Audio smart speaker is $40 off and down to $60 with the code EGDT40 at checkout, while the Nest Hub and Nest Hub Max are on sale for $60 (using the same code) and $169 (with the code EGDT60), respectively.

Buy Nest Audio at Wellbots – $60Buy Nest Hub at Wellbots – $60Buy Nest Hub Max at Wellbots – $169

Even though the Nest Audio came out in 2020, we still consider it to be one of the best smart speakers you can get. And if you already live in the Google ecosystem, it’s a no-brainer. The speaker has an unassuming yet attractive design, plus great audio quality that’s made even better if you pair two of them together and use them in stereo mode. There are better speakers out there if you’re mostly concerned with audio quality, but the Nest Audio excels at being a solid music-machine that also houses the Google Assistant. You can use voice commands to add events to your calendar, check the forecast, control smart home gadgets, play specific music and more.

Either of the Nest Hubs on sale are better if you like the idea of having a display to show you all of the information you ask the Assistant to gather for you. The standard Nest Hub is basically a Nest Audio but with an added touchscreen, plus it has sleep-tracking capabilities if you place it next to your bed. We also appreciate that the second-gen version has clearer, louder audio and even speedier Google Assistant performance. As for the Nest Hub Max, it’s the one to get if you want the best audio quality possible, plus as big of a screen as you can get on any Nest smart device.

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